Last updated on August 2, 2026

Average rent in
Island Lake, IL

Median rent

Median rent in Island Lake

$2,175/mo

increased by23%

vs previous year

The average rent in Island Lake is $2,175 per month as of August 2026. This is 12% above the national average rent, or $235 more per month.

$1.96

average price per square foot

Total rentals

Available rentals in Island Lake

18

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Island Lake rentals at each price point

80%60%40%20%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Island Lake, IL

Average rent prices in Island Lake have increased by 24% over the last month and have increased by 23% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Island Lake, IL

Rent prices in Island Lake vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Island Lake is $1,687, whereas a house costs $2,500. 1-bedroom apartments in Island Lake run $1,420 on average, while 2-bedroom apartments are $1,725.

Listings

1 bedroom

$1,450

15%

-

2 bedroom

$2,250

No Change

27%

3 bedroom

$2,599

9%

-

4 bedroom

$3,150

26%

-

1 bedroom

Average rent

$1,450

Last 30 days

15%

2 bedroom

Average rent

$2,250

Last year

27%

3 bedroom

Average rent

$2,599

Last 30 days

9%

4 bedroom

Average rent

$3,150

Last 30 days

26%

The table above reflects average rent prices in Island Lake, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Island Lake, IL compare to other cities?

Compare median rent prices in Island Lake and Hainesville by all bedroom counts and property types.

Island Lake

Median rent price$2,175
increased by12%

higher than the national median

Median rent price$2,250
increased by16%

higher than the national median

Takeaway

The median rent for all rentals in Island Lake, IL is 3% lower than the median rent in Hainesville, IL.

Discover rentals in Island Lake, IL

634 Nantucket Way - Photo 1 of 1

4d ago

Townhouse for rent in Island Lake

TOWNHOME - Island Lake, IL

634 Nantucket Way, Island Lake, IL 60042

3 beds

1.5 baths

$1,995

House for rent

3451 Waterford Way - Photo 1 of 1

5d+ ago

House for rent in Island Lake

SINGLE_FAMILY - Island Lake, IL

3451 Waterford Way, Island Lake, IL 60042

3 beds

1 bath

$2,300

House for rent

3829 Eastway Dr - Photo 1 of 1

5d+ ago

House for rent in Island Lake

SINGLE_FAMILY - Island Lake, IL

3829 Eastway Dr, Island Lake, IL 60042

3 beds

2 baths

$2,350

House for rent

3287 Medford Ct - Photo 1 of 1

5d+ ago

House for rent in Island Lake

SINGLE_FAMILY - Island Lake, IL

3287 Medford Ct, Island Lake, IL 60042

3 beds

1 bath

$2,599

House for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Island Lake, IL

Quick answers to common questions about the Island Lake rental market.

How much is rent in Island Lake?

The average rent in Island Lake is $2,175 per month as of August 1, 2026.

Is rent up or down in Island Lake?

Average rent prices in Island Lake have increased by 24% over the last month and have increased by 23% since last year.

How does Island Lake rent compare to the national average?

Rent in Island Lake is 12% above the national average, which means renters are paying approximately $235 more per month.

What salary do I need to afford rent in Island Lake?

To comfortably afford rent in Island Lake, you'd need to earn approximately $87,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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